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Parent Post: What is going on with gold?
C
cryptoprepper
·
2/19/2025, 2:53:55 AM
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My guess is that Trump is getting ready to roll out gold backed bonds to start slowly moving away from the FRN and move towards an asset backed currency. There are only two ways out of the mess that the US is in. Hyperinflation hurts us, which I don't think he wants to do. Default hurts the Fed, the banks, and bond holders. He can't outright default, because that will cause immediate war, so he's got to do it slowly and try to transition. Either way, it's not a coincidence. He's built his brand on Gold and has spent his whole adult life restructuring debt and administering over bankruptcies.
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